Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| Interactive Brokers | OANDA | |
|---|---|---|
| Overall score | 4.08 / 5 | 3.84 / 5 |
| Regulation | FCA No. 208159 | FCA No. 542574 OANDA was acquired by FTMO (the Czech "funded trader" prop-trading firm) from CVC Capital Partners effective 1 December 2025; FTMO says it will run OANDA as a standalone business -- a very recent ownership change worth confirming hasn't affected service before relying on it. |
| Entity | Interactive Brokers (U.K.) Limited | OANDA Europe Limited |
| Founded | 1978 | 1996 |
| Headquarters | Greenwich, Connecticut, USA | New York, USA (deep Canadian roots -- co-founded by a University of Toronto professor, with a long-standing Toronto presence) |
| Minimum deposit | Not independently confirmed | Not independently confirmed |
| Avg. spread (EUR/USD) | Not independently confirmed | Not independently confirmed |
| Platforms | TWS (Trader Workstation), IBKR Desktop, IBKR Mobile, Client Portal (WebTrader) | MT4, MT5, Proprietary (OANDA Trade / fxTrade) |
| Other Tier-1 regulators | NFA/CFTC (US), ASIC, CIRO, MAS, DFSA | ASIC, NFA/CFTC (US), CIRO, MAS |
| Instruments | No single total-instrument count published by the broker; stocks, options, futures, forex, bonds (1,000,000+ bonds), and mutual funds (500+ fund families) across 170+ markets in roughly 40 countries, per IBKR's own fact sheet. | 70+ forex pairs plus indices, metals/commodities, share CFDs, ETF CFDs, and crypto CFDs (crypto CFDs not available to UK/EU retail clients), per OANDA's own instrument-specification page. No official total instrument count; one third-party estimate of ~1,700 symbols is unverified. |
| Visit | Visit Interactive Brokers | Visit OANDA |
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